Tron [TRX] explores AI-powered oracle services to boost on-chain data accuracy
? Tron’s native cryptocurrency TRX has been one of the most consistent coins in terms of maintaining its upside.
Most top coins have experienced a significant slowdown or even some sell pressure since the start of February. This is not the case for TRX which achieved a new 5-month high of $0.071 this week.TRX’s RSI indicator confirms that the cryptocurrency has maintained healthy relative strength. In other words, TRX managed to outperform investor sentiment so far this month.The TRX on-chain volume also demonstrated a surge since the start of February contrary to the weighted sentiment.
This might result in a situation where there is less demand. Such an outcome might trigger a sizable pivot especially if the market conditions allow.
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Assessing Tron’s [TRX] performance since the release of its Q4 2022 reportTron saw a mixed fortune in Q4 as activities and accounts saw highs and lows. TRX has rallied in 2023 thus far. Tron [TRX] has presented itself as a viable alternative to Ethereum’s [ETH] blockchain, as it is speedier and more cost-effective. On 7 February, Messari released a report that evaluated the state of the […]
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